Equity Residential buys 324-unit, Marlowe Grapevine, in D/FW from Greystar, Carlyle JV

  • 8/6/2024

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Equity Residential has bought Marlowe Grapevine, a 324-unit, garden-style community in Grapevine, Texas. Greystar and Carlyle sold the property in a deal brokered by Institutional Property Advisors, a division of Marcus & Millichap. Regions Bank issued a $43.3 million construction loan in 2021, Yardi Matrix data shows. Two years later, the community debuted. Following the acquisition, Equity subsequently renamed the property Trailwinds Grapevine.

Greystar
Cliff Chandler | Senior Managing Director-Student & Central Region
Greystar
Kevin Kaberna | Executive Director, NA Investment Management
The Carlyle Group (Nasdaq: CG)
Timothy Bruning | Managing Director, US Real Estate

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